The Investment of Trust Funds

Laws have been passed in several States to regulate and restrict the investment of trust funds, including savings bank deposits, which are classed as trust funds. In many of the States, however, the selection of investments is left to the trustee, except when acting under instructions of the trustor or of a court of law.

Laws have been passed in several States to regulate and restrict the investment of trust funds, including savings bank deposits, which are classed as trust funds.